Tag Archives: Business
Time for some “hard-working” on VFM – says TPR.
There’s a telling sentence in Nina Blackett’s blog on VFM , published yesterday by TPR In January 2023, we published our joint industry consultation on a value for money (VFM) framework. Now, the FCA, working with TPR and DWP, has … Continue reading
Progress to an AgeWage
It’s been 6 years since I started AgeWage with Chris Sier and Ritesh Singhania. On June 30th we closed our accounts and I’m pleased to announce that for the first time, we made a profit of £155,000. In the … Continue reading
Putting the FIS back into pension schemes
This is a blog inspired by a snip from First Actuarial’s briefing to trustees and sponsors of their DB clients. For many years trustees have had to focus on a prudent funding plan based on the scheme valuation at … Continue reading
Posted in pensions
Tagged Business, corporate governance, corporate risk, de-risking, DWP, Investment, pension, Pension new, Pensions, Retirement, workplace Pensions
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Through individual freedom or collective endeavour – how will we choose to spend our pensions?
It will be an interesting week. On Tuesday, our Pension PlayPen group will be discussing “innovation in decumulation”, a title that hardly has the common touch. For those who have a pension pot and want to spend it, there is … Continue reading
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Tagged annuity, Business, CDC, pension, Pension new, pension playpen, Pensions, Retirement
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Today is for tomorrow, today we start again – VOTE
Two hour before the polls open and I am sitting in my flat in the City of London waiting to vote. My eye is caught by an article in the FT – “How the Conservatives lost hold of the South” … Continue reading
Validating a proposal to pay people pensions
My very good friend Carsten Staehr has sold his interest in payroll to pursue his interest in his family, sport and alcohol (running a wine bar). Tales of Carsten are numerous and I will not rehearse the excesses that have … Continue reading
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Tagged AgeWage, Business, Con Keating, corporate governance, DB, dc pensions, de-risking, Government, NEST, pension, Pension new, pension playpen, Pensions, Retirement, Steve Webb
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Two versions of growth – one that has failed – one that might succeed.
There are three pension agendas in this election, one is being talked about, one is not being talked about (but is crucial), the third is the one the pension industry wants to be talked about (but isn’t on anyone … Continue reading
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Tagged Business, DWP, Employment, Government, Jeremy Hunt, pension, Pension new, Pensions, Rachel Reeves, Retirement
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When it comes to pensions – we don’t know what we’re doing.
TPT’s survey of its DC membership makes for predictably depressing reading (reporting from Professional Pensions) Nearly half of defined contribution (DC) savers on the verge of retirement are unaware as to how they will access their pension savings, according to … Continue reading
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Tagged Business, DWP, Financial services, Government, pension, Pension new, Pension Regulator, Pensions
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We need our banks to step up and help out.
This is hard to explain, which is why the article is in the FT and not in other papers. The people who read the FT understand how the Bank of England sets interest rates and can work out that right … Continue reading
“Show some bloody compassion!” Martin Lewis – a friend to the poor.
It’s time to call out these comments. When I started my career, the BBC called a programme I went on, about debt crisis “Hey Big Spender” – I objected. The biggest cause of debt crisis was change of circumstance. Since … Continue reading
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Tagged AgeWage, Business, DWP, Employment, Financial services, Martin Lewis, pension, Steve Webb
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